NGE Nevada Exploration Inc

Nevada Exploration Inc. ("NGE") (TSX VENTURE:NGE) is pleased to announce that
Spruce Ridge Resources Ltd. ("Spruce Ridge"), NGE's exploration partner at NGE's
Fletcher Junction Gold Project (the "Project") in Mineral County, Nevada, has
signed a drill contract to commence drilling at the Project, with an expected
start date before the end of October.


During this past summer Spruce Ridge completed a high-resolution (150 metre line
spacing) and deep penetrating (+300 metre) airborne VTEM(R) (versatile
time-domain electromagnetic geophysical system) and magnetic survey covering
approximately 387 line kilometres over both the Project and part of the nearby
historic Aurora mining district, which produced approximately 1.9 million ounces
of gold, mostly in the nineteenth century. The airborne survey results show a
resistivity low in the bedrock hidden beneath the basalt flows of the Aurora
Crater adjacent to the Aurora mining district that may be caused by alteration
potentially associated with gold mineralization. This resistivity low extends
continuously beneath the basalt flows from the north end of the Project down to
the Aurora mining district to the south. These significant geophysical results
suggest there may be a continuous mineralized system hidden beneath the Aurora
Crater extending northward for approximately 11 kilometres from the Aurora
mining district through the Project.


Furthermore, detailed interpretation of the VTEM(R) survey results has provided
additional evidence to support the presence of potentially silicified hills
beneath the Aurora Crater, which are believed to be the source of the
mineralized boulders found along the edge of the basalt flows - of the 148
angular quartz float samples NGE collected along the edge of the basalt cover,
30 samples contained gold concentrations greater than 0.1 grams per tonne, 11
samples contained gold concentrations greater than 1.0 grams per tonne, and 3
samples contained gold concentrations greater than 10.0 grams per tonne (11.2
g/t, 26.9 g/t, and 90.5 g/t). 


Spruce Ridge and NGE are very pleased with the additional information provided
by the airborne survey and have staked 128 additional claims (245 total), more
than doubling the size of Project (now at more than 2,000 hectares), to cover
the potentially mineralized north-south structural trend running north from the
Aurora mining district to the Project beneath the Aurora crater.


Based on the detailed interpretation of the VTEM(R), combined with the results
of NGE's work to date, Spruce Ridge has prioritized a series of drill targets to
test this geologic concept and is preparing to drill. Specifically, Spruce Ridge
has entered into a drilling contract specifying a minimum of 5,000 feet of
diamond drilling and drilling will likely commence before the end of October.


More detailed information about the Project, the results to date, and the
upcoming drilling program is available in a presentation available at:
http://www.nevadaexploration.com/investor_info/presentations/


Kelly Creek Project

NGE also announces that it has elected to pay 50% of the annual payment due to
Genesis Gold Corporation ("Genesis"), an arm's length party, under a Mining
Lease and Option to Purchase Agreement on Genesis's Hot Pot Claims by issuing
common shares to Genesis. Specifically, subject to TSX Venture Exchange
approval, NGE has elected to issue 50,049 Common Shares at a deemed price of
$0.109 per share. The shares will be subject to a four month hold period
expiring on February 24, 2013.


Nevada Exploration Inc.

NGE is an exploration company focused on gold in Nevada. NGE is led by an
experienced management team that has been involved with the discovery of more
than 30 million ounces of gold in Nevada.


NGE is aggressively applying the latest in "blind deposit" exploration
technology to identify, acquire, and advance new exploration properties in
Nevada's highly prospective, yet underexplored covered basins. Specifically, NGE
has developed proprietary hydrogeochemistry (groundwater chemistry) exploration
technology to explore for gold in Nevada's covered basins where traditional
exploration techniques are challenged.


Using its industry leading exploration technology, NGE has assembled a portfolio
of new gold projects, and with ownership interests covering more than 19,000
hectares (73 sq mi), is evolving as a major player in this world class
jurisdiction. NGE's business model is to leverage its properties and technology
to create shareholder value through generative exploration, joint ventures, and
other exploration partnerships.


Wade A. Hodges, President & CEO, Nevada Exploration Inc., is the Qualified
Person, as defined in National Instrument 43-101, and has prepared the technical
and scientific information contained in this News Release.


Cautionary Statement on Forward-Looking Information:

This release contains certain "forward-looking statements" including, without
limitation, expectations, beliefs, plans and objectives regarding the potential
transactions and ventures discussed in this release. Among the important factors
that could cause actual results to differ materially from those indicated by
such forward-looking statements are the risks inherent in mineral exploration,
the need to obtain additional financing, environmental permits, the availability
of needed personnel and equipment for exploration and development, fluctuations
in the price of minerals, and general economic conditions.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nevada Exploration Inc.
James Buskard
Vice President Corporate Development
1 (888) 263 2110
info@nevadaexploration.com
www.nevadaexploration.com

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